Verint Systems (NASDAQ:VRNT) Issues FY 2025 Earnings Guidance

Verint Systems (NASDAQ:VRNT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.900-2.900 for the period, compared to the consensus EPS estimate of 2.910. The company issued revenue guidance of $914.3 million-$951.7 million, compared to the consensus revenue estimate of $933.0 million.

Verint Systems Stock Performance

Verint Systems stock traded up $6.34 during midday trading on Thursday, hitting $32.31. The company’s stock had a trading volume of 3,695,880 shares, compared to its average volume of 687,996. Verint Systems has a 1-year low of $21.27 and a 1-year high of $38.17. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.41 and a quick ratio of 1.36. The company has a 50-day moving average price of $23.62 and a two-hundred day moving average price of $28.87. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 50.40, a PEG ratio of 1.03 and a beta of 1.28.

Verint Systems (NASDAQ:VRNT) last issued its earnings results on Wednesday, September 4th. The technology company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.04). The firm had revenue of $210.17 million during the quarter, compared to analyst estimates of $212.81 million. Verint Systems had a net margin of 6.78% and a return on equity of 16.17%. Verint Systems’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.22 earnings per share. As a group, sell-side analysts predict that Verint Systems will post 1.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VRNT. Evercore ISI reduced their target price on shares of Verint Systems from $34.00 to $30.00 and set an “in-line” rating on the stock in a report on Thursday, September 5th. Royal Bank of Canada restated an “outperform” rating and issued a $36.00 price target on shares of Verint Systems in a research report on Thursday. StockNews.com upgraded shares of Verint Systems from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target on shares of Verint Systems in a research report on Thursday. Finally, TD Cowen dropped their target price on shares of Verint Systems from $40.00 to $36.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $34.67.

Insider Transactions at Verint Systems

In related news, insider Peter Fante sold 6,330 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $25.85, for a total value of $163,630.50. Following the sale, the insider now directly owns 91,334 shares of the company’s stock, valued at $2,360,983.90. This trade represents a 6.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Dan Bodner sold 16,932 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $25.85, for a total transaction of $437,692.20. Following the completion of the sale, the chief executive officer now directly owns 592,832 shares in the company, valued at $15,324,707.20. This represents a 2.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,811 shares of company stock valued at $874,014. 1.70% of the stock is currently owned by corporate insiders.

About Verint Systems

Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.